Sunday, June 23, 2013

Detroit, Chicago To Dump Retiree Health On ObamaCare, Taxpayers

Detroit, Chicago To Dump Retiree Health On ObamaCare, Taxpayers - Investors.com:
"High on emergency manager Kevyn Orr's to-do list: slash health care outlays for thousands of early retirees by shifting them to ObamaCare.
Detroit spent $177 million on health benefits for 19,000 retirees last year but figures it can cut that to $28 million-$40 million a year.
Part of the savings would come from paring supplemental coverage for retirees age 65 and older, most of whom already get Medicare."

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